Extra Room Storage is strategically located in a rapidly growing Atlanta suburban market 26 miles east of Atlanta. The lender foreclosed and is offering the property “as is” at a bargain price. The facility has experienced minimal oversight in the past year and is currently being maintained by a temporary manager responsible for rent collection and basic expense management.
Prior to the most recent ownership, the property operated at approximately 94% occupancy with limited marketing efforts, indicating strong underlying demand within the trade area. This asset represents an exceptional value-add opportunity for an investor to implement professional management, reestablish operational stability, and restore occupancy while maximizing income potential.
Additionally, we have two Metro Atlanta lender-owned facilities available.